https://www.taxtmi.com/caselaws?id=85982 Modvat credit remained available after merger where the manufacturing unit continued at the same location, using the same inputs to make the same goods, and the only change was legal ownership. The existing declaration was treated as sufficient for Modvat purposes because the department had continued to approve classification and price lists and assess RT-12 returns without objection on the licensing point. No separate excise licence was required on these facts, so the respondents were entitled to Modvat credit and the Revenue's challenge failed. en-us Thu, 25 Apr 1996 00:00:00 +0530 Tue, 09 Aug 2011 13:29:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85982 Modvat credit remained available after merger where the manufacturing unit continued at the same location, using the same inputs to make the same goods, and the only change was legal ownership. The existing declaration was treated as sufficient for Modvat purposes because the department had continued to approve classification and price lists and assess RT-12 returns without objection on the licensing point. No separate excise licence was required on these facts, so the respondents were entitled to Modvat credit and the Revenue's challenge failed. Case-Laws Central Excise Thu, 25 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85982